02:22 PM EDT, 09/27/2024 (MT Newswires) -- Chewy's (CHWY) former executive Austin Kauh has agreed to settle insider trading charges brought by the US Securities and Exchange Commission, according to an administrative proceedings document. Kauh traded in Trupanion ( TRUP ) shares before the December 2021 announcement that Kauh's employer, Chewy, had formed a strategic partnership with Trupanion ( TRUP...

01:49 PM EDT, 09/27/2024 (MT Newswires) -- Consumer stocks were rising Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.1% higher. In corporate news, Costco's (COST) fiscal Q4 earnings rose more than expected while the warehouse chain's revenue fell short of Wall Street's estimates. Its shares...

WASHINGTON, Sept 27 (Reuters) - The Commerce Department said Friday that U.S. auto sales could drop by up to 25,841 vehicles a year and prices rise if proposed rules go ahead that would ban Chinese vehicles that connect to the internet and key Chinese software and hardware. U.S. automakers and others selling in the United States may be less competitive...

FRANKFURT/BERLIN (Reuters) -Volkswagen cut its annual outlook for the second time in less than three months on Friday, citing a weaker-than-expected performance at its passenger car division as pressure on Europe's top automaker continues to rise. The lowered outlook is the latest from Germany's car giants, with Mercedes-Benz and BMW both downgrading their annual forecasts earlier this month as a...